At
the core of their service portfolio, however, are the short-term,
small-dollar amount payday advances, which are typically paid back by
the borrower on the next pay day from steady employment.

Before
taking a payday advance from the company, you should consider other,
possibly less costly (as measured by APR borrowing costs) alternatives, such as credit card cash advances.

Other thing to research are the provincial payday loan laws in Canada,
which regulate many aspects of the industry, and understanding these
laws will help you fully understand your rights as a consumer.

How to Apply for a Payday Advance from Money Mart

Money Mart has two ways to apply for a payday advance loan in Canada:
online or by visiting one of their 454 storefronts in person.

Overall, according to research
by Pew Research, around 75% of payday lending customers choose to visit
a cash advance store in person (according to a study done in the United
States).

To qualify for a loan, you need to meet and verify a few requirements, including that:

you have employment income,you have a bank account, and thatyou are at least 18 years of age.

According
to the service's official website, the things you need to bring with
you when visiting a store in person include your last pay stub, most
up-to-date bank statement, and a blank personal cheque.

The firm is able to borrow up to 30-50% of your net pay, for amounts up to $1,500.